Pundi X seems to be good to be purchased and HODLed 18/02/2021NPX (Pundi X) seems to be at the price which we can purchase it as the underlying and keep it for long,
there are total of 3 TPs that we can sell it of if we needed to capitalize on it or else it seems to be worth of holding for a while
Pundi
NPXSUSDT right pattern appeared at right timePowerful bullish divergence from Butterfly pattern:
Previously the price action of the NPXS token started bullish divergence from the potential reversal zone of bullish Butterfly pattern, which I have been sharing with you since last year.
Re-testing of long-term SMAs:
After more than 300% rally, the priceline is re-testing 100 simple moving average on the long-term weekly chart.
Break out and re-test of the bearish cloud:
While the priceline is testing the 100 SMA as support, it is also re-testing the Ichimoku bearish cloud on the weekly time frame chart. This cloud has been broken out after a long time period.
BAT pattern:
While re-testing the moving averages and cloud on the weekly chart. Now on the daily time frame chart, the price action of Pundi x has also formed a bullish BAT.
Conclusion:
The priceline of NPXS token has formed the harmonic bullish BAT move on the daily chart, in the right time as at the same time is re-testing the long-term supports. Therefore now it is possible that the price action of Pundi x will continue the bullish rally.
NPXSUSDT reached at resistance of big pennantHi friends, hope you are well and welcome to new update on Pundi x (NPXS) token.
Breaking down the channel’s support:
The price action of NPXS has broken down the support of channel but still has good supports of 50,100 and 200 simple moving averages. The 50 SMA has also formed golden cross with 200 SMA.
Resistance of Cup & Handle pattern:
On small time period 4-hour chart the price action has formed a resistance of Cup at $0.00021 after the formation of Cup & Handle.
Bullish pennant and long-term resistance:
On weekly chart, the priceline of Pundi X has formed a bullish pennant and trying to breakout the resistance. There is a strong price level resistance at $ 0.0002350 as well.
Harmonic BAT move:
On daily time period chart, the priceline of Pundi x is completing final leg of bullish reversal BAT pattern.
Ichimoku and Chop zone:
On long-term weekly chart, the price action has entered in Ichimoku bearish cloud and chop zone indicator is also turned strong bullish.
Conclusion:
On short term a bullish reversal is possible, but if this bullish move will be continued then it can be also helpful to breakout the bullish pennant on weekly chart and completely breaking out the Ichimoku bearish cloud as well.
NPXSUSDT another bullish reversal pattern is formedOn daily time period chart, the price action of Pundi X (NPXS) is completing final leg of bullish BAT and soon it will be reached in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets as per Fibonacci sequence of BAT pattern should be as below:
Potential reversal or buying zone: $0.0001734 to $0.0001676
Sell or Fibonacci projection zone: $0.0001870 to $0.0002078
Stop Loss:
The potential reversal zone area that is up to $0.0001676 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 23.9% and as per the above-mentioned stop loss, the loss possibility is 3.4%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
NPXS Pundi X - Bullish Ascending Triangle and TD 9 ReversalBullish Ascending Triangle or even an inverted Head and Shoulders. Target would be quite high as you see on the chart. As Bitcoin hasn't topped for the moment IMO it has a high chance to succeed.
We also have a monthly reversal signal on NPXSETH.
Good bet! Happy trading!
NPXSUSDT another bullish reversal setupHey friends, hope you are well and welcome to the new update on Pundi X token.
As per my previous idea, the NPXS turned bullish from the potential reversal zone of bullish Shark and recovered rallied more than 63%.
Previous bullish Shark idea:
On the daily chart while moving up from the potential reversal zone of Shark pattern the price action also broke out the resistance of a down channel. The candlesticks of NPXS token were moving in this channel since 4th Sep 2020. At this time the priceline of Pundi X is having good support of 200 and 50 simple moving averages. The 50 SMA has also formed death cross with 200 simple moving average that is taking down the priceline to complete another harmonic move.
This time it is bullish BAT move expected.
The priceline of NPXS token has been rejected by the upper edge of Ichimoku bearish cloud and the conversion line has formed death cross with base line. These signals can also lead the priceline to complete the final leg of bullish BAT move.
Conclusion:
As this time while forming the bullish BAT on daily chart the price action has good supports of 50 and 200 simple moving averages therefore this time the priceline may start bullish move from 0.618 rather to move between 0.786 to 0.886 Fibonacci sequence of BAT move. However, due to death cross above the priceline it can also be bull trap and the priceline may move down to 0.786 to 0.886 Fibonaccie retracement level and then move up.
NPXSUSDT forming bullish BAT | Upto 41% move aheadOn a daily chart, the price action of Pundi X is completing the final leg of bullish harmonic BAT pattern and soon it will be entered in a potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Buy between: $0.0001460 to $0.0001379
Sell between: $0.0001654 to $0.0001948
Stop Loss:
The potential reversal zone area that is up to $0.0001379 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has the profit possibility of 41% and as per above-mentioned stop loss, the loss possibility is 5.6%.
NPXS | Warning!!! Death Cross Ahead Can Increase The Sell OffHey friends hope you are well and welcome the new update on Pundi X token.
The priceline is still moving in potential reversal zone of bullish Shark pattern, as this pattern I also showed in previous article.
The priceline broke out the resistance of the handle of the Cup & Handle pattern that I have already shown in my previous post as well. The priceline also tried to breakout the resistance of Cup but after being rejected by the resistance it is retraced at 0.786 Fibonacci level of Cup & Handle formation:
The priceline of NPXS has broken down the simple moving average 50 and 200 SMA as well. At this time the 50 SMA is moving down and likely to form a death cross with 200 simple moving average that can produce even more sell-off.
On daily chart after a waterfall crash the price action of Pundi X token has started its movement within a new down channel.
The priceline has also broken down EMA 10 and exponential moving average 21 as well.
On long term weekly chart the price action has been rejected by the resistance of Ichimoku bearish cloud. But so far the cloud is still giving bullish signal in future and if the price action will move here sideways then bearish cloud is also turning weaker. But in case more sell off the cloud can give bearish signals in future.
On the long term weekly chart the priceline is still moving above the potential reversal zone of bullish Butterfly pattern. I have been sharing this pattern several times in my previous posts as well. The sell targets as per Fibonacci sequence of bullish Butterfly pattern can be as below:
Sell between: $0.0003700 to $0.001010
Conclusion:
As the priceline of Pundi X is moving in down channel on daily chart and broke down the EMAs with the time period of 10 and 21 and turned completely a down trend. Therefore in order to change the trend from down to up on daily chart we need the closing above the EMAs and then a breakout from the resistance of down channel as well. These developments needed as soon as possible because the death cross between 50 and 200 SMAs on daily chart can lead to more powerful sell off that can lead to another waterfall crash.
NPXSUSDT formed two bullish reversal movesHey, friends hope you are well and welcome to the new update on Pundi X. Previously we have seen that this token had formed a Cup and Handle formation and the price action was just completing the handle of this cup. Therefore I was expecting that the price action will try to breakout the resistance of the Cup that was at $0.0002400. Finally the price action started the bullish move and hit the resistance of the cup but unfortunately the priceline of NPXS token failed to breakout and dropped down again.
The support of the channel is broken down:
During this drop the price action also broke down the support of the up channel where it was moving since mid of March 2020.
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The priceline is breaking out 200 SMA:
The price action of Pundi X token also broke down the 50, 100 and 200 simple moving averages on the daily chart. Then the priceline started consolidating just underneath 200 simple moving average. Now the price action of NPXS token is likely to breakout the 200 SMA again. Once the priceline will have strong support of 200 simple moving average then we can expect that it will also break out the 50 and 100 simple moving averages as well.
Hrmonic bullish Shark move:
Now if we switch back to the 2 day chart again then it can be easily observed that the cup and handle pattern is still not invalidated because the price action has retraced up to 0.618 Fibonacci level. This is the Fibonacci level from the bottom of the cup to the resistance. Now if we take more closer look at the chart then it can be easily seen that the price action has also completed the bullish Shark pattern on this 2 day chart and just entered in the potential reversal zone. After initial X to A leg the price action is retraced between 0.382 to 0.618 Fibonacci retracement level. Then B to C leg is projected between 1.13 upto 1.618 Fibonacci projection. There is a minor difference to reach up to 1.13 Fibonacci projection but all other legs are driven perfectly as required for the bullish Shark pattern, Therefore I have ignored this minor difference. The final leg has retraced between 0.886 to 1.13 Fibonacci level and from here the potential reversal zone of bullish shark starts. Now we can expect that from this PRZ level the price action can start the bullish move at any time.
Conclusion:
Even though the price action of NPXS token has formed two bullish reversal patterns therefore we can expect that the priceline will start the movement to the upside very soon. However, we should set the maximum extent of the potential reversal zone of bullish shark pattern as stop loss. Because if this support will be broken down then more powerful rally to the downside can be started.
NPXSUSDT surged more than 90% in just 3 daysHey friends hope you are and well welcome to the new update on NPXS. This is a wonderful week for the Pundi X as it has surged more than 90% in just 3 days.
the basic reason behind this bullish move announcement that they are going to launch XPOS Merchant PayPal App on 14th July 2020.
The up channel has been broken out:
If we take a look at the live daily chart then price action was moving in an up-channel since March 2020. After the announcement on 30th of June on the very next day the price action started moving up and surged more than 90% and broke out the resistance of the channel. At this time the price action is retesting the resistance of the channel as support:
The SMAs are broken out:
Since 3rd July 2019 the price action was moving below the 25, 50, 100 and 200 simple moving averages but now the price action has broken out all these SMAs. This is really a very big development by Pundi X pricline. Now it has very strong support of all these four SMAs. Now these SMAs can work as a long-term support for the price action of NPXS.
Ichimoku cloud on long term started turning bullish:
Now if we take a look at the long-term weekly chart and place the ichimoku cloud indicator. Then it can be clearly observed that the lagging span of ichimoku cloud indicator has crossed up the priceline and the conversion line has formed the bull cross with the baseline. Therefore we can expect that soon the cloud will be also burned bullish and the price action will soon breakout this cloud as well. Once the price action of NPXS will be able to cross up the cloud then it can work as a very long term support for the priceline of Pundi X and it can start a long-term bullish rally.
Conclusion:
on the short and midterm price action of NPXS is strong bullish. However, on the long-term it is weak bullish. We can expect that soon it will be turned strong bullish on the long term as well. However, at this time the price line has strong resistance of the ichimoku cloud. If it will be not broken out then the price action can move back to the previous support level.
NPXSUSDT is completing the bullish setup for breakoutOn daily chart the price action of NPXS has formed a falling wedge pattern and hitting 3rd time at the support of this wedge the formation of this chart pattern was started from 23rd Oct 2019 and every time the priceline consistantly getting bounced from the support of wedge so we can expect this time soon we will see bullish divergence and the greens will be appeared.
Like every time the pricline of Pundi X is hitting the lower bands of Bollinger bands with hitting this pattern's support.
Indicators And Oscillators:
The moving average convergence divergence (MACD) is strong bearish.
The RSI is already oversold with the value of 25.27 before this it was 22.29 on 18 Dec 2019 and if we have a look on stochastic then it can be clearly seen that the stochastic has given bull cross.
So we have some how miscellaneous situation here only rely on bull signals from Stochastic will be bit risky.
The Harmonic Move:
If we see the harmonic move then the price action of NPXS is forming a bullish Crab after intitial leg the A to B leg is retraced between 0.382 to 0.618 Fibonacci and B to C leg is projected between 0.382 to 0.886 Fibonacci projection of A to B leg after having all these legs driven as required for a perfect Crab pattern we can expected that the final C to D leg will be retraced between 1.27 upto 1.618 Fibonacce for the completion of perfect Crab pattern, sofar the final leg is retraced upto 1.208 fibonacci.
I have defiend the buying and sell targets as below for this bullish Crab pattern:
Buy between: $0.0001157 to $0.0001013
Sell between: $0.0001269 to $0.0001537
As per above targets if we enter in trade as per this bullish Crab pattern then we can have upto 51.5$ profitable move but if the price action will breakout the 0.786 Fibonacci level of sell target zone which is at $0.0001537 then the Pundi X can have a breakout from the falling wedge's resistance as well.
But here we should set our stop loss point the potential reversal zone of this Crab pattern.
Regards,
Atif Akbar (moon333)
NPXS (PundiX) Downward wedge.Pump coin.Entrance to the breakout.Growth targets on the chart. Can go to xxx. Entrance is only for breaking the "Descending Wedge".
Who uses Stop Loss - it is not possible to bet, as the price of 4 Satoshi.
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Whoever thinks that he can put Stop Loss paired with Ether /NPXS, I assure you that they will be knocked out before growth at the lowest price. The reason is that weaker and less liquid pairs always use to influence the price in more liquid pairs.
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Pump coin. Traded on Binance. That will allow the pump to have good liquidity. Go to XXX
Dumps at the moment. (price drops) for the last wave inside the wedge. The glass on Binance is very heavy (visual effect for a dump). Try to lower the price due to the pair to ETH. But it is still weak so far. Sooner or later they will stop dumping. Let me remind you again this pump coin, just for speculation. It can go to X. Totally manipulative. You need to understand that most of the sell orders are fake. When you need to disappear. But another thing also needs to be understood, if the general market does not unfold, sell orders are not removed.
PundiX no danger no gloryWell this shitcoin is dangerous but if you have few extra bucks and not scare to lose them, it worth to give it a try.
Volumes are weaks for now on Binance so this strategy can be long. Make money in the blood and patience reward.
RSI oversold
Macd looks like will cross up
StochRSI looks like will cross up
Buy 3-4 Sats ( can place order at 3 in Binance or Bittrex and be patient )
Sell 9-12 Sats ( remember if you buy at 3 sats and sell at 9 Sats you make 3X your invest, so 300% is big enought! ).
Stop Loss 2 Sats !
Happy Tr4Ding!
PundiX/Bitcoin (July 29) #NPXS $NPXS #BTC $BTCOur last plan for NPXS gave us so much profit and now we need to change our plan
Accumulate : 4-5
Sell : 6-7
Mid Hold : 8
Long Hold : 10
PundiX/Bitcoin (July 17) #NPXS $NPXS #BTC $BTCNPXS still follow our analysis even though we've just experienced a bearish turn.
Buy at 5sts and sell whenever you have profit is the plan for NPXS
NPXS Safe & Secure For Midterm...!!NPXS (Update)
Looking Strong At here..
Huge Profit Potential In Midterm
Coin With Strong Fundamentals
Technically Is also Strong..
Midterm Target Is 33 Sats
Short Term Targets Are 10-12-15 Sats
Introduction..!!
Pundi X aims to bring in the next billion crypto users as it allows users to buy, sell, use cryptocurrency anywhere and anytime.
Making cryptocurrency accessible to everyone. This will make Pundi X the world’s largest decentralized, offline cryptocurrency network. It is decentralized, because the ecosystem and transaction records live on the blockchain. It is offline, because our entry point is via point-of-sale ( pos ) devices installed in physical outlets.
Pundi X seeks to bring cryptocurrency to the next billion users and help to increase the value of cryptocurrency for all users worldwide.
Thanks For Your Time...
Hit Like On Idea For Motivation & Support..
PundiX/Bitcoin (June 6) #NPXS $NPXS #BTC $BTCWith the last signal of NPXS, we caught exactly the bottom area of 7sts and that's our succesful x2 signal. And now, NPXS is ready for the next wave. Buy as close as 10sts as possible and sell as my arrow
Current Price : 11-12
Buyzone : Close to 10sts as possible
Sellzone : 14-17
Stoploss : Under 10
Pundi X [NPXSBTC][NPXSUSD] price predictionPrice of Pundi X dropped to 10 sats level, so this is good demand area of interest. So this is possible entry for holders.
Tight range of 10-20-30 is good for making trades inside.
PundiX/Bitcoin (14 May) #NPXS $NPXS #BTC $BTCNPXS has dropped a lot from the peak of 22sts and now only 8-9sts. However, NPXS will continue to decrease to 7sts. But here it will be very diffitcult to buy so I recommend ordering at 7sts and 8sts
NPXS after hitting 7sts (or maybe the worst case is 6sts, but I think it's good to buy at 7-8sts), it will increase in a few days. Target should be 14-17sts
Stoploss if price is lower than 6sts